China's Ansteel eyes another 'merger' to expand business

In a regulatory filing Wednesday, Shanghai-listed Lingsteel said that discussions had begun with Ansteel about a 'reorganization' that may lead to a change of ownership. Lingsteel, established in 1994, is currently majority owned by the city government of Chaoyang, in western Liaoning.   Lingyuan's statement did not give details regarding why the